As
a result of the proposed annexation of approximately 297 acres of land into the
City, an Annexation Agreement has been prepared to address the overall concepts
of the development. This Agreement provides:

The
proposed annexation be given a zoning category of City RE-1 (Estate
Density Residential). However, the developer shall be required to rezone
the property to a Planned Development District prior to development.

The
developer’s responsibility for the construction and installation of
infrastructure related to the improvements of the property.

Options:

1. Approve
the requested annexation agreement.

2. Disapprove
the proposed annexation agreement.

Fiscal
Impact

There
is no fiscal impact as a result of this action.

Submission Date and
Time: 6/20/07 4:19 PM____

Department: Community
Development

Prepared
by: Bill Wiley, AICP

Attachments:
Yes__X__ No ______

Advertised: ____Not Required
______

Dates:
__________________________

Newspapers:

_________________________________

_________________________________

Revised 6/10/04

Reviewed by: Dept. Head ________

Finance Dept. __________________

Deputy C.M. ___________________

Submitted
by:

City Manager ___________________

Account No. _________________

Project No. ___________________

WF No. ______________________

Budget ______________________

Available _____________________

RESOLUTION NO.

A
RESOLUTION OF THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA,
AUTHORIZING EXECUTION OF AN ANNEXATION AGREEMENT BETWEEN THE CITY OF LEESBURG
AND Donald
L. Nicholson and Lyden Holdings Two, LLC and Lyden Properties, Ltd; AND PROVIDING AN EFFECTIVE DATE.

BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF LEESBURG,
FLORIDA:

THAT
the Mayor and City Clerk of the City of Leesburg are hereby authorized and
directed to execute the Annexation Agreement betweenDonald
L. Nicholson and Lyden Holdings Two, LLC and Lyden Properties, Ltd and the City of Leesburg, Florida, in the form
attached as Exhibit “A” to this resolution.

That
this Resolution shall be effective immediately.

PASSED
AND ADOPTED by the City
Commission of the City of Leesburg, Florida, at a

regular
meeting held the 25th day of June 2007.

____________________________

Mayor

ATTEST:

______________________________

City Clerk

EXHIBIT A

THIS INSTRUMENT PREPARED BY & RETURN TO:

Fred A. Morrison

McLin & Burnsed P.A.

Post Office Box 491357

Leesburg, Florida34749-1357

(Nicholson and Lyden Holdings and Lyden Properties, Ltd.)

RESERVED FOR
RECORDING

THIS
AGREEMENT entered into as of the day of ,2007,
between THE CITY OF LEESBURG, FLORIDA, P.O. Box 490630, Leesburg,
Florida34749-0630, hereafter referred to as the “City,” and Donald
L. Nicholson and Lyden Holdings Two, LLC and Lyden Properties, Ltd whose
address is 1600 Alabama Drive, No. 401, Winter Park, FL 32789-2672 hereafter
referred to as the “Developer,”

WITNESSETH:

That Developer owns the real
property legally described on Exhibit “B” attached, and has applied to annex
that property (hereafter referred to as the “Property”) into the City. The
parties have entered into this Agreement to set forth certain understandings
between them regarding how the Property is to be developed, and which party
will be responsible for various expenses connected to the use and development
of the Property, if it is annexed into the City and subsequently developed.

NOW
THEREFORE, for and in consideration of the mutual covenants and promises
contained herein, and of the consideration being given by the City to
annexation of the Property into its municipal limits, as well as other good and
valuable considerations, receipt whereof is hereby acknowledged, the parties do
hereby agree as set forth below:

1. Developer
has requested that the Property be annexed into the City and that it be given a
zoning classification of City RE-1 (Estate Residential). However, whether or
not such request is granted, prior to actual development the then-owner and
prospective developer shall file a fully complete application with all
fees, to rezone the property to a Planned Development District, and no permits
shall be issued for construction of any improvements on the property until such
application has been filed and has been considered and either approved or
rejected by the Planning Commission, and if appropriate, the City Commission.

2. The
total land area of the Property is approximately 215 acres and the general
location situated south of Orchard
Road, east of Turnpike.

3. All
wetlands on the project site shall be identified and the location and extent of
each wetland shall be determined by St. Johns River Water Management District
and/or U.S. Army Corp of Engineers. Each wetland shall be placed on a suitable
map, signed and sealed by a surveyor registered to practice in Florida
and shall be submitted as part of the preliminary plat application.

4. Buildings
or structures shall be a minimum of 50 feet from any wetland jurisdiction
boundary.

5. If wetland alteration is permitted by St.
Johns River Water Management District, wetland mitigation shall be required in
accordance with permit approvals from St. Johns River Water Management
District.

6. A wildlife/historical/archaeological
management plan for the project site, if applicable, shall be prepared based on
the results of the environmental permit approvals obtained from applicable
governmental agencies. The management plan shall be submitted to the City as
part of the preliminary plan application. The Permittee shall designate a
responsible legal entity that shall implement and maintain the management
plan.

7. To the extent practical, wetlands shall be
placed in a conservation easement, which shall run in favor of, and be
enforceable by, St. Johns River Water Management District or another legal entity
such as a homeowners association. The conservation easement shall require that
the wetlands be maintained in their natural and unaltered state. Wetlands
shall not be included as a part of any platted lot, other than a lot platted as
a common area, which shall be dedicated to St. Johns River Water Management
District or another legal entity such as a homeowners association for ownership
and maintenance.

8. Developer shall bear all
responsibility, financial and otherwise, for the construction and installation
of the following utility infrastructure and other improvements related to the
use and development of the Property, all of which shall be constructed to the
applicable specifications imposed by the ordinances and regulations of the City
in effect at the time of construction. Developer shall dedicate on the plat, or
otherwise grant to the City, free of liens or encumbrances other than those
which are duly subordinated, easements for water, reuse water, and sewer lines
and all other utilities mentioned herein, and shall upon approval of the lines
by the City, convey title to all utility lines and related infrastructure (such
as, but not limited to lift stations) to the City by deed, bill of sale or
other appropriate document. The City shall not be obligated to accept for
maintenance any utility lines, roads or other items constructed by the
Developer which do not meet the specifications and requirements pertaining
thereto as set forth in applicable laws, rules and regulations in effect at the
time of construction.

A.All interior roads, together
with such turning lanes, acceleration and deceleration lanes, traffic signals,
signs, striping, and other road improvements, on site or off site, as are
necessary to the efficient handling of the traffic to be generated by the
proposed development of the Property, and to meet the concurrency requirements
imposed by law. Roads and other public thoroughfares within the Property shall
be dedicated to the public on the plat or in some other manner, unless
Developer desires and intends that the roads remain private, in which case the
plat, recorded restrictions or other appropriate documents shall contain notice
to all purchasers of land within the Development that they, and not the City,
will be responsible for maintenance of the roads.

B.All supply lines for potable
water service to each residential, commercial or industrial unit constructed on
the Property. This shall include the responsibility to construct such off site
lines as are necessary to hook the Property onto the City’s potable water
system at the nearest location where there is a supply line of sufficient size
to serve the needs of the proposed development.

C.Separate water supply lines to
carry treated wastewater (“Reuse Water”) to be utilized for irrigation and other
purposes for which the use of Reuse Water is approved by applicable laws, rules
and regulations. This shall include the responsibility to construct such off
site lines as are necessary to hook the Property onto the City’s reuse water
system at the nearest location where there is a supply line of sufficient size
to serve the needs of the proposed development.

D.Natural gas lines to supply
each structure constructed on the Property with natural gas. This shall include
the responsibility to construct such off site lines as are necessary to hook
the Property onto the City’s natural gas supply system at the nearest location
where there is a supply line of sufficient size to serve the needs of the
proposed development. Developer shall be responsible for the installation of a
natural gas water heater and natural gas furnace in eighty percent (80%) of all
homes in the development.

E.Wastewater lines and any
necessary lift stations to convey wastewater from each structure on the
Property to the City’s wastewater treatment system. This shall include the
responsibility to construct such off site lines as are necessary to hook the
Property onto the City’s wastewater treatment system at the nearest location
where there is a collection line of sufficient size to serve the needs of the
proposed development.

F.Electrical transmission lines
shall be placed underground to serve each structure on the Property. If the
Property is not within the City’s electrical service area, the requirement to
convey the electrical supply lines to the City shall not apply, however
Developer shall still be required to dedicate easements sufficient in size and
location for the placement, maintenance, repair, upgrade and improvement of the
electrical supply system by the utility in whose service area the Property is
located.

G.Fiber optic cables to serve
each structure constructed on the Property with data and other services capable
of transmission over such lines. Provided, however, this requirement is only
applicable if the City’s fiber optic cable system is available adjacent to the
Property at the time of construction/improvement plan approval by the City.

H.If in its discretion the City
desires to have any of the foregoing utility lines oversized for any reason,
such as but not limited to serving future development, it may require Developer
to install the oversized lines but the City shall pay the difference in cost
between the lines which would have been adequate to serve the Property, and the
cost of the oversized lines required by the City.

9. At the time of building
permit approval, or other time as specified by City or LakeCounty
ordinance, Developer shall pay all applicable impact fees, connection charges,
or other legally adopted fees and costs required by the City or LakeCounty.

10. Nothing in this Annexation
Agreement shall be construed to exempt the Developer or the Property from any
requirements imposed by the City code or other applicable laws, rules and
regulations regarding any permits or approvals necessary for the anticipated
development of the Property, including but not limited to, platting, building
permits, zoning or conditional use permits or amendments to the Future Land Use
Element of the Comprehensive Plan as required for the uses to which Developer
proposes to put the Property, site plan approvals, or other permitting
requirements imposed by local, state or federal government, or any agency
thereof.

11. Developer understands and
acknowledges that by entering into this Annexation Agreement, the City is not
committing to approve any aspect of the proposed development of the Property,
or to do any other act which requires public hearings or approval by the City
Commission or other agency or body of the City such as the Planning Commission.
All decisions regarding zoning, land use, permitting, and other such approvals,
must be made by the body having jurisdiction over such decision under
applicable law, and in accordance with all public hearing and participation
requirements now or hereafter in effect. This Annexation Agreement shall not be
effective, nor shall it be binding on either party, until such time as the
Property has been duly annexed into the municipal limits of the City in
accordance with all applicable requirements including notice to surrounding
property owners and public hearings which are in accordance with Florida
Statutes, and the City’s Code of Ordinances. The City does not, by negotiation
of this Annexation Agreement with the Developer, intend to commit itself to
annex the Property, and shall not be obligated to do so. However, if the City
denies Developer’s petition to annex the Property into its municipal limits,
this Annexation Agreement shall become void and of no force or effect once the
decision of the City Commission to deny the petition to annex has become final
and is no longer subject to appeal.

12. Venue for any action or
proceeding arising under this Annexation Agreement shall be in Lake County,
Florida. This Annexation Agreement shall be construed in
accordance with the laws of Florida. In the event of any litigation arising under
this Annexation Agreement, the prevailing party shall be entitled to recover
its reasonable court costs and attorneys’ fees at both the trial and appellate
levels, in addition to any other relief obtained.

IN WITNESS WHEREOF, the parties have caused their duly authorized
officers to set their hands and seals to this Annexation Agreement.

WITNESSES: DEVELOPER:

BY:

Donald L. Nicholson

Type
or print name of witness

Type
or print name of witness

STATE
OF FLORIDA

COUNTY OF LAKE

BEFORE
ME, the undersigned Notary Public, Donald L. Nicholson personally appeared
before me and acknowledged on the ______ day of ,
2007, that he executed the foregoing instrument in said capacity. He is {CHECK
ONE} personally known to me, or else
who produced as
identification.

BEFORE
ME, the undersigned Notary Public, William R. Lowman, Jr, Registered Agent for
Lyden Holdings Two, LLC, personally appeared before me and acknowledged on the ______
day of , 2007, that he
executed the foregoing instrument in said capacity. He is {CHECK ONE} personally known to me, or else who produced as
identification.

BEFORE
ME, the undersigned Notary Public, William R. Lowman, Jr, personally appeared
before me and acknowledged on the ______ day of ,
2007, that he executed the foregoing instrument in said capacity. He is {CHECK
ONE} personally known to me, or else
who produced as
identification.

BEFORE
ME, the undersigned Notary Public, William R. Lowman, Jr, Registered Agent for
Lyden Properties , Ltd Inc. personally appeared before me and acknowledged on
the ______ day of ,
2007, that he executed the foregoing instrument in said capacity. He is {CHECK
ONE} personally known to me, or else
who produced as
identification.

BEFORE
ME, the undersigned Notary Public, personally appeared ,
as Mayor, and _________________________________, as City Clerk, who appeared
personally before me and acknowledged on the day of ,
2007, that they executed the foregoing instrument on behalf of the CITY OF
LEESBURG, FLORIDA, and who were either {CHECK ONE} personally known to me, or else who produced as
identification.

NOTARY
PUBLIC Commission Number

Type
or print name of Notary Commission
Expiration Date

EXHIBIT B

Legal Description

CASE #:145-1-090706

PARCEL
736

COMMENCE
AT THE NORTHWEST CORNER OF THE SOUTHWEST 1/4 OF THE NORTHWEST 1/4 OF
SECTION 17, TOWNSHIP 21 SOUTH, RANGE 24 EAST, RUN THENCE SOUTH
00°07'46" WEST ALONG THE WEST LINE OF SAID SECTION 990.0 FEET TO THE
POINT OF BEGINNING; RUN THENCE SOUTH 89°44'30" EAST PARALLEL TO THE
NORTH LINE OF SAID SOUTHWEST 1/4 OF THE NORTHWEST 1/4 230.0 FEET; THENCE
SOUTH 0°07'46" WEST 851.76 FEET TO THE NORTHWESTERLY RIGHT OF WAY
LINE OF COUNTY ROAD 2503; THENCE ALONG SAID RIGHT OF WAY SOUTH
46°59'50" WEST 315.16 FEET TO THE WEST LINE OF SECTION 17, TOWNSHIP
21 SOUTH, RANGE 24 EAST, RUN THENCE NORTH 00°07'46" EAST ALONG SAID
SECTION LINE 1067.80 FEET TO THE POINT OF BEGINNING.

PARCEL
419

COMMENCE
AT THE NORTHWEST CORNER OF THE SOUTH 3/4 OF THE NORTHWEST 1/4 OF THE
NORTHWEST 1/4 OF SECTION 17, TOWNSHIP 21 SOUTH, RANGE 24 EAST, RUN THENCE
SOUTH 89°46'45" EAST ALONG THE NORTH LINE OF SAID SOUTH 3/4 OF THE
NORTHWEST 1/4 OF THE NORTHWEST 1/4 330.0 FEET TO THE POINT OF BEGINNING;
THENCE CONTINUE SOUTH 89°46'45" EAST ALONG SAID LINE 330.0 FEET;
THENCE SOUTH 00°07'46" WEST PARALLEL TO THE WEST LINE OF AFORESAID
SECTION 17, TOWNSHIP 21 SOUTH, RANGE 24 EAST, 1305.66 FEET; THENCE SOUTH
87°22'44" WEST 330.38 FEET; THENCE NORTH 00°07'46" EAST 1322.02
FEET TO THE POINT OF BEGINNING.

PARCEL
971

COMMENCE
AT THE NORTHWEST CORNER OF THE SOUTHWEST 1/4 OF THE NORTHWEST 1/4 OF
SECTION 17, TOWNSHIP 21 SOUTH, RANGE 24 EAST, RUN SOUTH 00°07'46"
WEST ALONG THE WEST LINE OF SAID SECTION 330.0 FEET; THENCE S
89°44'30" E PARALLEL TO THE NORTH LINE OF SAID SW ¼ OF NW ¼ 330.0
FEET; THENCE N 87°22'44"E 472.63 FEET TO POINT OF BEGINNING; THENCE
CONTINUE N 87°22'44" E 522.65 FEET TO THE EAST LINE OF SAID SW ¼ OF
NW ¼, SAID POINT
BEING 1272.66 FEET SOUTH OF THE NE CORNER OF THE S ¾ OF THE NW ¼ OF THE
NW ¼ OF SECTION 17, TOWNSHIP 21 S, RANGE 24 E, THENCE S 0°08'29" W
ALONG THE EAST LINE OF SAID SW ¼ OF NW ¼ 690.38 FEET TO THE NORTHWESTERLY
RIGHT-OF-WAY OF COUNTY ROAD 2503, SAID POINT BEING ON A CURVE CONCAVE TO THE SE AND HAVING A
RADIUS OF 648.78 FEET; THENCE ALONG THE ARC OF SAID CURVE WITH A CHORD OF
S 60°20'39" W 194.85 FEET TO THE P.T.; THENCE CONTINUING ALONG SAID
RIGHT-OF-WAY S. 51°42'37" W 450.25 FEET; THENCE N 0°07'46" E
1041.82 FEET TO THE POINT OF BEGINNING. SUBJECT TO AN EASEMENT ACROSS THE N
20 FEET AND THE E 20 FEET THEREOF.

PARCEL
524

THE
NORTHEAST 1/4 OF THE NORTHEAST 1/4 OF SECTION 18, TOWNSHIP 21 SOUTH,
RANGE 24 EAST, LAKE COUNTY, FLORIDA. BEGIN AT THE NORTHEAST CORNER OF THE SOUTHEAST 1/4
OF THE NORTHEAST 1/4, RUN WEST TO THE NORTHWEST CORNER OF THE SOUTHEAST
1/4 OF THE NORTHEAST 1/4, THENCE RUN SOUTH 830.77 FEET; THENCE SOUTH
24°41'00" EAST 134.34 FEET; THENCE SOUTH 62°40'30" EAST 165.92 FEET;
THENCE NORTH 89°56'00" EAST 1117.18 FEET TO THE EAST LINE OF SECTION
18; THENCE NORTH ALONG SAID SECTION LINE TO THE POINT OF BEGINNING.

PARCEL
443

COMMENCE
AT THE NW CORNER OF THE SW ¼ OF THE NW ¼ OF SECTION 17, TOWNSHIP 21S,
RANGE 24 E, RUN THENCE S 0°7'46" W ALONG WEST LINE OF SAID SECTION A
DISTANCE 330.0 FEET, S89°44'30"E PARALLEL TO THE NORTH LINE OF SW ¼ OF THE
NW ¼ A DISTANCE OF 330.0 FEET TO THE POINT OF BEGINNING, THENCE RUN
N87°22'44"E A DISTANCE OF 330.38 FEET, THENCE S 0°07'46"W A
DISTANCE OF 676.59 FEET; THENCE N89°44'30" W A DISTANCE OF 330.0
FEET, THENCE N 0°7'46" E A DISTANCE OF 660 FEET TO THE POINT OF
BEGINNING.

PARCEL
502

THE
EAST 1/2 OF THE SOUTH 3/4 OF THE NORTHWEST 1/4 OF THE NORTHWEST 1/4, WEST
1/4 OF THE SOUTH 3/4 OF THE NORTHWEST 1/4 OF THE NORTHWEST 1/4, N 1/4 OF
THE SOUTHWEST 1/4 OF THE NORTHWEST 1/4, LESS THE EAST 1/2 OF THE WEST
1/2.

PARCEL
062

BEGIN
AT THE NW CORNER OF THE SW ¼ OF THE NW ¼ OF SECTION 17, TOWNSHIP 21 S,
RANGE 24 E. THENCE RUN S 00°07'46" W ALONG THE WEST LINE OF SAID SECTION,
330.0 FEET TO THE POINT OF BEGINNING; RUN S 89°44'30" E PARALLEL TO
THE NORTH LINE OF THE SW ¼ OF THE NW ¼ A DISTANCE OF 330.0 FEET, THENCE
S0°7'46" W A DISTANCE OF 660.0 FEET, THENCE N 89°44'30" W A
DISTANCE OF 330.0 FEET TO THE WEST LINE OF SAID SECTION, RUN N
0°7'46" E A DISTANCE OF 660.0 FEET TO THE POINT OF BEGINNING. BEING MORE
PARTICULARLY DESCRIBED AS FOLLOWS:

Less
Out the Following (Parcels 435, 655, 427, 370 and 663):

PARCEL
435

THAT
PART OF THE EAST 265.0 FEET OF THE WEST 505.0 FEET OF THE SOUTHEAST ¼ OF
THE NORTHWEST ¼ OF SECTION 17, TOWNSHIP 21 SOUTH, RANGE 24 EAST, THAT IS
LYING NORTH OF COUNTY ROAD 2503, LAKE COUNTY, FLORIDA

PARCEL
655

THE
EAST 295 FEET OF THE WEST 800 FEET OF THE SE ¼ OF THE NW ¼, LYING NORTH
AND WEST OF COUNTY ROAD, KNOWN AS YOUTH CAMP ROAD, LYING IN SECTION
TOWNSHIP 21 S, RANGE 24 E, LAKE COUNTY, FLORIDA.

PARCEL
427

THAT
PART OF THE EAST 330.0 FEET OF THE WEST 1130 FEET OF THE SE ¼ OF THE NW ¼
OF SECTION 17, TOWNSHIP 21 S, RANGE 24 E, THAT IS LYING NORTH OF COUNTY
ROAD 2503, LAKE COUNTY, FLORIDA.

PARCEL
370

BEGIN
AT THE NW CORNER OF THE SW ¼ OF THE NE ¼ OF SECTION 17, TOWNSHIP 21 S,
RANGE 24 E, RUN THENCE S 89°38'57" E ALONG THE NORTH LINE OF THE SAID SW ¼
OF THE NE ¼ 175.80 FEET, THENCE S 0°08'29" W PARALLEL TO THE WEST
LINE OF THE SE ¼ OF THE NW ¼ OF SECTION 17, TOWNSHIP 21 S, RANGE 24 E
557.65' TO THE NORTHERLY RIGHT- OF-WAY OF COUNTY ROAD 2503, THENCE S
63°47'20" W ALONG SAID RIGHT-OF-WAY 105.50', THENCE CONTINUING ALONG
SAID RIGHT-OF-WAY S82°25'24" W 277.98' THENCE N 0°08'29" E
642.85 FEET TO THE NORTH LINE OF SE ¼ OF NW ¼ OF SAID SECTION, SAID POINT BEING
1130.0 FEET EAST OF THE NW CORNER OF SAID SE ¼ OF NW ¼, THENCE S 89°44'30"
E ALONG THE NORTH LINE OF SAID SE ¼ OF NW ¼ 194.20" TO THE POINT OF
BEGINNING.

PARCEL
663

COMMENCE
AT THE NW CORNER OF THE SW ¼ OF THE NE ¼ OF SECTION 17, TOWNSHIP 21 S,
RANGE 24 E, RUN THENCE S89°38'57"E ALONG THE NORTH LINE OF SAID SW ¼ OF NE
¼ 175.80' TO THE POINT OF BEGINNING, THENCE CONTINUE S89°38'57"E
ALONG SAID 592.25' TO WESTERLY RIGHT-OF-WAY OF COUNTY ROAD 2503, THENCE
S11°35'40"W ALONG SAID RIGHT-OF-WAY 125.82' TO THE P.C. OF A CURVE
CONCAVE TO THE NORTHWEST HAVING A RADIUS OF 350.0', THENCE TO THE RIGHT
ALONG THE ARC OF SAID CURVE WITH A CHORD OF S37°41'30"W 307.93' TO
THE P.T., THENCE CONTINUING ALONG SAID RIGHT-OF-WAY S63°47'20"W
423.62' THENCE N0°08'29"E PARALLEL TO THE WEST LINE OF SW ¼ OF THE
NW ¼ OF SAID SECTION 17, TOWNSHIP 21S, RANGE 24E A DISTANCE OF 557.65' TO
POINT OF BEGINNING.

PARCEL
A:

COMMENCE
AT THE NORTH 1/4 CORNER OF SECTION 18, TOWNSHIP 21 SOUTH, RANGE 24 EAST,
LAKE COUNTY, FLORIDA; THENCE RUN S89°16'51"E ALONG THE NORTH LINE OF
THE NORTHEAST 1/4 OF SAID SECTION 18, A DISTANCE OF 1322.71 FEET TO THE
POINT OF BEGINNING; THENCE CONTINUE S89°16'51"E, A DISTANCE OF
1322.71 TO THE NORTHWEST CORNER OF SECTION 17, TOWNSHIP 21 SOUTH, RANGE
24 EAST, LAKE COUNTY, FLORIDA; THENCE RUN S00°01'40E ALONG THE WEST LINE
OF SAID SECTION 17, A DISTANCE OF 330.61 FEET TO THE NORTHWEST CORNER OF
THE SOUTH 3/4 OF THE NORTHWEST 1/4 OF THE NORTHWEST 1/4 OF SAID SECTION
17; THENCE RUN S89°55'15"E ALONG THE NORTH LINE OF SAID SOUTH 3/4 OF
THE NORTHWEST 1/4 OF THE NORTHWEST 1/4, A DISTANCE OF 1323.52 FEET TO THE
NORTHEAST CORNER OF SAID SOUTH 3/4 OF THE NORTHWEST 1/4 OF THE NORTHWEST
1/4; THENCE RUN S00°04'04"E ALONG THE EAST LINE OF THE NORTHWEST 1/4
OF THE NORTHWEST 1/4 OF SAID SECTION 17, A DISTANCE OF 992.33 FEET TO THE
NORTHWEST CORNER OF THE SOUTHEAST 1/4 OF THE NORTHWEST 1/4 OF SAID
SECTION 17; THENCE RUN S00°04'04"E ALONG THE EAST LINE OF THE SOUTHWEST
1/4 OF THE NORTHWEST 1/4 OF SAID SECTION 17, A DISTANCE OF 970.05 FEET TO
THE NORTHWESTERLY RIGHT-OF-WAY LINE OF YOUTH CAMP ROAD (COUNTY ROAD
#2503), SAID POINT BEING ON A CURVE CONCAVE TO THE SOUTHEAST HAVING A
RADIUS OF 648.78 FEET; THENCE RUN ALONG SAID RIGHT-OF-WAY LINE AND THE
ARC OF SAID CURVE THROUGH A CENTRAL ANGLE OF 17°21'20" A DISTANCE OF
196.52 FEET TO A POINT OF TANGENT; THENCE RUN S51°33'42"W, A
DISTANCE OF 450.27 FEET; THENCE LEAVING SAID RIGHT-OF-WAY LINE RUN
N00°01'40"W, A DISTANCE OF 1041.82 FEET; THENCE RUN
S87°13'18"W, A DISTANCE OF 142.55 FEET; THENCE RUN S00°01'40"E, A
DISTANCE OF 676.50 FEET; THENCE RUN N89°54'26"W, A DISTANCE OF 430.00
FEET; THENCE RUN S00°01'40"E, A DISTANCE OF 851.86 FEET TO THE
NORTHWESTERLY RIGHT-OF-WAY LINE OF YOUTH CAMP ROAD (COUNTY ROAD #2503);
THENCE RUN S46°50'17"W ALONG SAID RIGHT-OF- WAY LINE, A DISTANCE OF 315.17
TO THE WEST LINE OF SAID SECTION 17; THENCE RUN N00°01'40"W ALONG
SAID WEST LINE, A DISTANCE OF 1044.70 FEET; THENCE RUN S89°46'34"W,
A DISTANCE OF 1116.84 FEET; THENCE RUN N62°49'56"W, A DISTANCE OF
165.92 FEET; THENCE RUN N24°50'26"W, A DISTANCE OF 134.34 FEET TO THE WEST
LINE OF THE SOUTHEAST 1/4 OF THE NORTHEAST 1/4 OF SECTION 18, TOWNSHIP 21
SOUTH, RANGE 24 EAST, LAKE COUNTY, FLORIDA; THENCE RUN N00°04'33"W
ALONG THE WEST LINE OF THE SOUTHEAST 1/4 AND THE NORTH EAST 1/4 OF THE
NORTHEAST 1/4 OF SAID SECTION 18, A DISTANCE OF 2158.86 FEET TO THE POINT
OF BEGINNING

CONTAINING
135.834 ACRES, MORE OR LESS.

Less
Out All of Parcel B:

PARCEL
B:

COMMENCE
AT THE NORTH 1/4 CORNER OF SECTION 18, TOWNSHIP 21 SOUTH, RANGE 24 EAST,
LAKE COUNTY, FLORIDA; THENCE RUN S89°16'51"E ALONG THE NORTH LINE OF
THE NORTHEAST 1/4 OF SAID SECTION 18, A DISTANCE OF 2645.42 TO THE
NORTHWEST CORNER OF SECTION 17, TOWNSHIP 21 SOUTH, RANGE 24 EAST, LAKE
COUNTY, FLORIDA; THENCE RUN S00°01'40E ALONG THE WEST LINE OF SAID
SECTION 17, A DISTANCE OF 330.61 FEET TO THE NORTHWEST CORNER OF THE
SOUTH 3/4 OF THE NORTHWEST 1/4 OF THE NORTHWEST 1/4 OF SAID SECTION 17;
THENCE RUN S89°55'15"E ALONG THE NORTH LINE OF SAID SOUTH 3/4 OF THE
NORTHWEST 1/4 OF THE NORTHWEST 1/4, A DISTANCE OF 1323.52 FEET TO THE
NORTHEAST CORNER OF SAID SOUTH 3/4 OF THE NORTHWEST 1/4 OF THE NORTHWEST
1/4; THENCE RUN S00°04'04"E ALONG THE EAST LINE OF THE NORTHWEST 1/4
OF THE NORTHWEST 1/4 OF SAID SECTION 17, A DISTANCE OF 992.33 FEET TO THE
NORTHWEST CORNER OF THE SOUTHEAST 1/4 OF THE NORTHWEST 1/4 OF SAID
SECTION 17; THENCE RUN S89°53'56"E ALONG THE NORTH LINE OF SAID SOUTHEAST
1/4 OF THE NORTHWEST 1/4, A DISTANCE OF 240.00 FEET TO THE POINT OF
BEGINNING; THENCE CONTINUE S89°53'56"E, A DISTANCE OF 1084.21 FEET
TO THE NORTHWEST CORNER OF THE SOUTHWEST 1/4 OF THE NORTHEAST 1/4 OF SAID
SECTION 17; THENCE RUN S89°48'23"E ALONG THE NORTH LINE OF THE
SOUTHWEST 1/4 OF THE NORTHEAST 1/4 OF SAID SECTION 17, A DISTANCE OF
768.05 FEET TO THE WEST RIGHT-OF-WAY LINE OF YOUTH CAMP ROAD (COUNTY ROAD
#2503); THENCE RUN S11°26'14"W ALONG SAID RIGHT-OF- WAY LINE, A DISTANCE
OF 125.82 FEET TO A POINT OF CURVE CONCAVE NORTHWESTERLY HAVING A RADIUS
OF 350.00 FEET; THENCE RUN ALONG THE ARC OF SAID CURVE THROUGH CENTRAL
ANGLE OF 52°11'40", A DISTANCE OF 318.84 FEET TO THE POINT OF
TANGENT; THENCE RUN S63°37'55"W, A DISTANCE OF 529.11 FEET; THENCE
RUN S82°15'58"W, A DISTANCE OF 594.79 FEET; THENCE RUN
S70°54'24"W, A DISTANCE OF 608.70 FEET TO A POINT 240.00 EAST OF THE
E LINE OF THE SOUTHWEST 1/4 OF THE NORTHWEST 1/4 OF SAID SECTION 17;
THENCE LEAVING SAID RIGHT-OF-WAY LINE RUN N00°04'04"W, A DISTANCE OF
886.16 FEET TO THE POINT OF BEGINNING.